Following is supply and demand data for an industry that has perfect competition.

Quantity Demanded	Market Price	Quantity Supplied
30000	6.00	14000
27000	7.00	16000
24000	8.00	18000
20000	9.00	20000
18000	10.00	22000
15000	11.00	24000
12000	12.00	26000
10000	13.00	30000
8000	14.00	33000

Following is cost information for a firm in the same industry.

					Average	Average
Quantity	Fixed	Variable	Total	Marginal	Variable	Total
Costs	Costs	Costs	Cost	Costs	Costs
0	10	0	10	--	--	--
1	10	4	14	4	4.00	14.00
2	10	7	17	3	3.50	8.50
3	10	11	21	4	3.75	7.00
4	10	16	26	5	4.00	6.50
5	10	23	33	7	4.60	6.60
6	10	32	42	9	5.33	7.00
7	10	43	53	11	6.14	7.57
8	10	56	66	13	7.00	8.25

The market price is:

The firm's marginal revenue is:

At the current market price, what quantity will be produced to maximize profit?

The profit per unit at this quantity is:

If the price falls to $6 will the firm continue to produce? Explain.